Sunday, November 5, 2017

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY for November 03, 2017

If the High of Last week is crossed, 
It would become Further Bullish

Outlook for the Week 06.11.2017 to 10.11.2017

NIFTY :: 10453 (+130)

During Last  week, Moon had transitted from Sathabhisham to Revathi Constellations between Aquarius and Pisces Raasis between Monday and  Thursday. It  formed  a Range of 10324 and 10462 and closed nearer to the high with a gain of about 130 points. This range is crossed on Friday by only 10 points and  it would be Bullish if this range is crossed decisively and it could reach a target of about 10600. Market had closed with a Positive outlook.

-The short term  trend too is Bullish. It is Bullish both for Medium and Long term, However, Short term would become Bearish, if Nifty comes and closes below  10250. 

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10221, 10057, 9926 and 9525 respectively and would act as  Supports  and Resistances.

-  Nifty continues to trade above  the  200 DMA and also above   the 50 DMA and 50 DMA  has  come above  200 DMA (Golden  Cross has come more than about Eight  months  ago) suggesting that the Long term outlook has become   Bullish and  Nifty continues to trade above all the moving averages and hence can be considered as Bullish . 

Technical Levels…

Breakout level : 10550 and the Breakdown level : 10250

Bullish above 10525  with Resistance at  10600, 10675

Bearish below 10375  with Supports at 10300, 10225 

Advice for Traders… 

Weekly Open level is very important for the entire week. Long positions may be considered  as long as it maintains above the Weekly open level.

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Planetary Position

- Moon would be transiting  from Rohini 3 rd Pada   in Taurus  to Aslesha  2nd  Pada in Cancer .

- Sun transits from  Swathi  4 th  Pada in Libra to Visakha 2 nd  Pada in Libra.

- Mercury transits in Anuradha 1 st   Pada in Scorpio to Anuradha 3 rd  Pada  in Scorpio.

- Venus transits from  Chitta 4 th  Pada in Libra to Swathi 2 nd Pada in Libra.

- Mars  transits from   Hastha 2 nd   Pada in Virgo to Hastha 3 rd Pada in Virgo.

- Saturn transits   in Moola 1 st Pada in Sagittarius and also moves in Aries Navamsa.

- Jupiter transits in Swathi 2 nd Pada in Libra  and moves in  Capricorn  Navamsa.

- Rahu and Ketu  move to  Capricorn  and Cancer  and in Leo  and  Aquarius  Navamsas.

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First Half Better (for Monday)
Tithi ::Karteeka Bahula Thadiya

Nakshatra ::Rohini

Persons born in  Punarvasu, Visakha and Poorvabhadra and those  born in Gemini and Libra are advised to be alert in their dealings. 

Sensitive / Trend change Timings : 2.32PM

Likely Intraday Trend…

On the basis of planetary position and aspects amongst planets, Market is expected to open Better  and remain Better  from Opening till about 12PM and remain Subdued   thereafter till about Close of the day.

Astro Technical Trading Strategy…

If Nifty Fut. Trades above the Open/ ATP level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 12 PM..  If Nifty fut trades Subdued  below ATP by about 12.15PM , Short    Positions can be taken with suitable SL and such positions can be closed by about end of the day.

Technical Levels…

Resistance : 10490,10525   Support : 10410,10375


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IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and astrological portion given above should be considered together and applied for taking proper trading decisions.

Disclaimer :: Intraday trading is risky and Astro guidance is to be depending on intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..










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